debt
confidence high
sentiment neutral
materiality 0.50
Republic Services issues $1B in notes: $350M 4.875% due 2029, $650M 5.000% due 2033
REPUBLIC SERVICES, INC.
- New 2029 Notes are a further issuance of existing 4.875% notes, increasing total to $750M.
- 2033 Notes are new; both offerings expected to close on or about December 12, 2023.
- Underwriting led by BofA Securities, J.P. Morgan, and Wells Fargo Securities.
- Proceeds not specified; notes issued under existing shelf registration statement.
- Issuer is Republic Services, Inc. (NYSE: RSG).